Situational Planning Strategy

Is it time

Strategic mission of an organization is a long term statement of the purpose of the organization . It is the framework within which the strategic plans are formulated . Three years is too short a time to change the strategic mission of the organization , unless a drastic upheaval has happened in the business the organization is in

A well framed strategic mission has enough scope for excluding some businesses and also has scope for creative growth . Hence , a change at this stage may not be required . The CEO may alternatively examine

the relevance of the strategic mission to the present market conditions and fine tune and revitalize the strategic mission through this activity of examination

Leadership Positions in Strategic Management Team

The strategic planning team must have

Process Sponsor - a person with power and inclination for the process

Process Champion - to push the process along and coordination

All departmental heads

Record keeper and Organizer

The Process Sponsor and the Process Champion are the major leadership positions in a strategic planning team , as they provide the mandate and the motivation to carry the process forward

Market Trends and their Effects

One of the major market trends that affect the medical profession is rapid advancements in technology , in terms of equipment and in terms of information . The hospital must remain vigilant to changes on the above mentioned fronts . The strategic planning must accommodate rapid ramp up of acquisition costs and upgradation of technology . This has a cost aspect and also a...